NATIONALUM 1 Week View

306
📊 Snapshot

Current price: ~ ₹253–254.
Weekly pivot (classic) on weekly timeframe: ≈ ₹254.92.
Weekly support levels: ≈ ₹245.54 (S1), ₹240.40 (S2)
Weekly resistance levels: ≈ ₹260.06 (R1), ₹269.44 (R2)

✅ Key levels to monitor this week

Near term resistance: ~ ₹255–256

Primary target if bullish: ~ ₹260

Extended upside: ~ ₹269 (if strong breakout)

Primary support: ~ ₹245.5

Secondary support: ~ ₹240

⚠️ Risks to watch

Failure to close above ~₹255 this week → possible sideways/weak move.

A drop below ~₹240 could open up more downside risk.

Being in the metals sector, external factors (global aluminium price, energy costs, mining issues) can influence price rapidly even if technicals look okay.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.